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MCAN Mortgage Corporation Announces Filing of Final Base Shelf Prospectus for $400 Million in Securities
MCAN Mortgage Corporation Announces Filing of Final Base Shelf Prospectus for $400 Millio...
About this update from Mcan Mortgage Corporation
[{"type":"text","content":"\n \n \n \n MCAN Mortgage Corporation Announces Filing of Final Base Shelf Prospectus for $400 Million in Securities\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION OR DISSEMINATION INTO\n \n THE UNITED STATES\n \n OR THROUGH U.S. NEWSWIRE SERVICES/\n \n \n \n TORONTO\n \n ,\n \n Aug. 23, 2021\n \n /CNW/ - MCAN Mortgage Corporation (\"MCAN\", the \"Company\" or \"we\") (TSX: MKP) today announced that it has filed and obtained a receipt for a final short form base shelf prospectus (the \"Shelf Prospectus\") with the Securities Commissions in each of the provinces and territories of Canada.  The preliminary base shelf prospectus was filed and receipted on\n \n August 13\n \n , 2021.  With the Shelf Prospectus, MCAN is now allowed to make public offerings of up to\n \n $400 million\n \n of common shares, preferred shares, debt securities, subscription receipts, warrants and units (the \"Securities\") during the 25-month period that the Shelf Prospectus is effective.  The Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, and set forth in an accompanying prospectus supplement.  MCAN has filed the Shelf Prospectus in order to maintain financial flexibility and to have the ability to offer Securities on an accelerated basis to fund current and future growth of the business.\n \n \n \n \n \n \n \n \n \n This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.  Further, this news release does not constitute an offer to sell or the solicitation of an offer to buy in\n \n the United States\n \n and the Securities referred to in this news release may not be offered or sold in\n \n the United States\n \n absent registration under the U.S. Securities Act ...